RNR just saw its ACCE composite score fall 12 points, moving from 76 to 64 out of 100. That's a meaningful single-step drop — the kind that usually reflects deterioration in one or two specific subscore categories rather than a broad, even decline across the board.
Looking at where the current subscores sit, the picture is uneven. Quality scores 91 and Momentum scores 77, both solid readings. Value sits at 79, which is consistent with a trailing P/E of 5.5 — a low multiple for a financial services company with a $13.23B market cap. Those three pillars are holding up.
The outlier is Growth, which scores just 7 out of 100. That's the floor of the range, and it's the most likely driver of the composite score decline. Year-over-year revenue is down 13.2% and year-over-year earnings are down 10.0%. Both figures are moving in the wrong direction, and a Growth subscore of 7 reflects that clearly. If the prior composite score of 76 was supported by stronger trailing growth data, the rotation of fresher, weaker figures into the model would explain a drop of this magnitude on its own.
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A secondary contributor could be subtle pressure on Momentum or Value, even if those subscores still look healthy in absolute terms. A 12-point composite move doesn't require every subscore to fall — it can happen when one subscore collapses sharply enough to pull the weighted average down.
What it means
The score drop doesn't erase what's genuinely strong about RNR's current profile. A Quality score of 91 is backed by real numbers: ROE of 21.5%, net margin of 23.6%, FCF yield of 26.7%, and an earnings quality flag of strong. Those aren't cosmetic metrics — they describe a business generating substantial cash relative to its size and converting revenue into profit at a high rate.
The 1-year return of 29.4% and a Momentum score of 77 suggest the market has been rewarding the stock. The analyst consensus target of $346.40 sits above the current price of $316.26, implying analysts still see room to run from here.
But the Growth score of 7 is a real flag. Declining revenue and earnings on a year-over-year basis mean the business is currently shrinking, not expanding. For a composite score to recover toward the mid-70s, RNR would need to show a reversal in those top-line and bottom-line trends. Until that happens, the Growth subscore will act as a ceiling on how high the composite can climb, regardless of how strong Quality and Value remain.
The forward P/E of 9.1 is higher than the trailing P/E of 5.5, which suggests the market is pricing in some earnings normalization ahead — worth watching as future quarters report.
For the full current data on RNR, visit acceinvestments.com/stocks/RNR.
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